Japan Industrial Production Data Due On Tuesday
(RTTNews) - Japan will on Tuesday release final April figures for industrial production, highlighting a modest day for Asia-Pacific economic activity. In March, output was up 0.3 percent on month and down 1.7 percent on year, while capacity utilization sank 1.6 percent on month.
China will see May numbers for foreign direct investment; in April, FDI surged 20.5 percent on year.
Hong Kong will provide Q1 figures for industrial production; in the previous three months, output was up 5.8 percent on year.
Australia will release Q1 data for house prices; in the previous three months, house prices jumped 4.7 percent on quarter and 23.7 percent on year.
New Zealand will see May numbers for food prices; in April, food prices jumped 6.4 percent on year.
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Chicago Business Barometer Jumps But Still Indicates Contraction In February
A report released by MNI Indicators on Friday showed its reading on Chicago-area business activity jumped by much more than expected in the month of February but continued to indicate contraction. MNI Indicators said its Chicago business barometer shot up to 45.5 in February from 39.5 in January. Economists had expected the Chicago business barometer to show a much more modest increase to 40.6.
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Před 7 h 31 min
U.S. Consumer Prices Increases In Line With Estimates In January
Closely watched readings on U.S. consumer price inflation increased in line with economist estimates in the month of January, according to a report released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent in January, matching the increase seen in December as well as economist estimates.
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Před 7 h 46 min
U.S. Consumer Price Inflation Data Matches Estimates In January
Closely watched readings on consumer price inflation increased in line with economist estimates in the month of January, according to a report released by the Commerce Department on Friday.
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Před 8 h 49 min
France Inflation Lowest In 4 Years On Energy Prices
French inflation sunk to the lowest in four years in February due to a notable fall in electricity prices and the economy contracted for the first time since early 2023, official data showed Friday. Consumer price inflation was 0.8 percent in February compared to 1.7 percent in January, the statistical office INSEE said. This was the weakest since February 2021 and was also below forecast of 1.0
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Před 9 h 18 min
German Unemployment Rises Less Than Expected
German unemployment increased only moderately in February but the economic weakness remained visible on the labor market, the Federal Employment Agency said Friday. The number of people out of work rose 5,000 in February, while economists had forecast a sharp increase of 14,000. Unemployment had increased 11,000 in January.
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Před 9 h 34 min
Bay Street Likely To Open On Cautious Note
The Canadian market is likely to open on a cautious note Friday morning with investors reacting to Canadian GDP data and the latest batch of earnings updates.
Investors also await the U.S. Personal Consumption Expenditure data, due this morning, for insights into the Federal Reserve's monetary policy.
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Před 9 h 47 min
FTSE 100 Modestly Higher On Earnings
U.K. stocks are up in positive territory Friday morning, with investors reacting to some strong quarterly earnings updates. Tariff concerns limit market's upside.
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Před 10 h 42 min
Holcim Shares Gain On Growth In FY24 Recurring EBIT, Dividend Hike, Positive Outlook
Shares of Holcim Group were gaining 3 percent in Switzerland after the building materials firm reported Friday higher recurring EBIT and margin in fiscal 2024, even as net profit and net sales were lower than last year. Looking ahead, for fiscal 2025, Holcim expects continued profitable growth with over proportional growth in recurring EBIT, further expansion of recurring EBIT margin...
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Před 10 h 44 min
